49 Morningside Avenue, Toronto, Ontario M6S 1C6

Listed for:
$1,939,000
6 beds
6 baths
Listed 1 day ago
Triplex for rent: 49 Morningside Avenue, Toronto, Ontario M6S 1C6

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About

Morningside and Windermere Stunning legal triplex in sought-after High Park Swansea! Featuring 4+2 bedrooms, 6 bathrooms, custom quartz kitchens, hardwood floors, and stainless steel appliances. Ideal for large families, multi-gen living, or investors. Upper unit is currently leased for $3,500/month, the main floor unit is leased for $3,000/month and basement is rented for $1890/month covering the majority of your mortgage. Total monthly rent $8390/month with a yearly income of $100,680 with a 4.31 cap rate. Easily used as a single-family home or live in one unit and rent the others once when any tenant vacates in the future. The fully finished above ground lower level includes a separate entrance, kitchen, 2 bedrooms, and a full bath perfect as an in-law suite or rental. Rare income property in a high-demand, low-supply pocket near Rennie Park. All units are separately metered for gas and hydro, water split at 33% per unit. (id:27476)

Property Highlights

MLS® Number
W12789868
Type
Multi-family
Community Name
High Park-Swansea
Land Size
17.4 x 100 FT

Building

Building Type
Triplex
Storeys
3.00
Square Footage
2000 - 2500 sqft
Bathrooms Total
6
Bedrooms Above Ground
4
Bedrooms Total
6
Exterior Finish
Brick, Stucco
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RE/MAX WEST REALTY INC.
MLS® number:
W12789868
Agent:
Andrew Conti
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